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Things to look for when choosing a broker
Recently I had some people ask me about how to choose a broker, many of which always looks for information of reviews online, I mean...this is not always the best place to start.
Key things for traders to look at:
1. Broker location
2. Broker regulator does it have single regulator or multiple
3. Where exactly does your deposit go
4. Fully look at the brokers license
5. Is the broker transparent with me?
What other things May you think of?
Lets discuss this
Nobody knows when even a good paying broker turned into scam and stop paying its traders. We already have a lot many examples in the past like alpari UK. So better to go with those which have certain repute in the past and moreover keep on withdraw your profits by leaving the necessary capital behind with the broker.
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A good way after looking at the above is to look for reviews on reputable sites such as FPA too. they will have users reviews so you can get a better understanding of the broker
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